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The Archive

Archive

More than 9,000 stories of Utah business reporting, 2011–2026. Search the full archive, or browse by date and section.

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80 results from February 2021Clear all ✕

SLBJ

Top Stories

Legislature seeking overhaul of economic development system

By Brice Wallace Utah’s economic development system would be revamped under a legislative bill that seeks to change agencies’ mindset about what economic development means. HB348, which at press time had passed through the House of Representatives on a 60-4 vote and moved to the…

BWBrice Wallace

Feb 28

Dec59

SLBJ

Top Stories

Five Utah cities named to 'Top Performing' list

Five Utah cities have received recognition as top economic performers in the 2021 Milken Institute Best-Performing Cities Index, with Provo-Orem being named No. 1 in the large-city category. Salt Lake City and Ogden-Clearfield also appeared in the Top 10 at No. 4 and No. 9,…

Staff

Feb 28

SLBJ

Top Stories

Bill gives at-risk students shot at economic success

By Brice Wallace A bill being considered by the Legislature aims to improve the chances that at-risk school students become more economically successful as adults. SB142 would require the Public Education Appropriations Subcommittee to complete an evaluation and make…

SL County designates first Monday in March to honor COVID-19 victims

The Salt Lake City Council has passed a resolution designating the first Monday in March (March 1) as “COVID-19 Victims and Survivors Memorial Day.” With the statewide death toll from the disease approaching 2,000, Utah Department of Health lists over 700 deaths in Salt Lake…

With 1.2 million Utahns receiving stimulus checks, scams abound

The Internal Revenue Service reports that 1.2 million Utahns have received checks in the second round of pandemic relief stimulus payments totaling over $2.4 billion. And with all that new cash available, there are bound to be scam artists coming after it. Nationwide, the amount…

State prepares to offer vaccine to Utahns 18+ with medical conditions

As Utahns age 65 and older are lining up for the COVID-19 vaccine, younger folks with certain medical conditions are anxiously waiting for March 1. That’s when Utah residents 18 years of age and over who are afflicted with things like chronic heart disease and uncontrolled…

Survey shows that PPP loans and long-term relief still needed in Utah

Although government aid in the form of Payroll Protection Program loans has helped the vast majority of recipients stay open in Utah, more support is needed to help small businesses recover and grow. That’s according to a survey conducted by Goldman Sachs' 10,000 Small…

Utah County turns portion of C-19 vaccination program to Nomi Health

Orem-based Nomi Health, a healthcare management company that has recently contracted with the state of Utah to help manage the rollout of the COVID-19 vaccination effort, has been selected by Utah County to handle a portion of its vaccination program. Nomi Health is initially…

Brex applies for Utah bank charter

Brex, a San Francisco digital banking platform company, has submitted an application with the Federal Deposit Insurance Corp. (FDIC) and the Utah Department of Financial Institutions (UDFI) to establish Brex Bank, an industrial bank to be located in Draper. The proposed Brex…

Novacoast expanding its Utah ops, adding 85 new employees

Cybersecurity firm Novacoast plans to expand its Utah operations, growing from its current 15 employees to 100 in two years. The $250,000 expansion project was announced by the Economic Development Corporation of Utah (EDCUtah), the city of Orem and the Governor’s Office of…

Hillcrest Bank names Stahl Utah market president

Hillcrest Bank, a division of NBH Bank based in West Bountiful, has promoted David Stahl to Utah market president. In his role, Stahl will continue to lead and expand the commercial banking team. He will also be focused on providing advisory services, loans and treasury…

Shaffer named president & CEO of AFCU

Thayne Shaffer has been named to succeed John B. Lund as president and CEO of Utah’s America First Credit Union, effective April 1. Shaffer has been the chief information officer of the Ogden-based credit union since May 2019. “I am excited for this opportunity and will focus on…

Lehi's Owlet Baby Care to go public following merger with Sandbridge

Owlet Baby Care Inc., a Lehi-based producer of baby monitors, including its flagship product Owlet Smart Sock, and Sandbridge Acquisition Corp., a special purpose acquisition company co-sponsored by affiliates of Sandbridge Capital and PIMCO private funds, have announced a…

Baird becomes CEO of Henry Schein One

Henry Schein One, a medical practice management platform developer and a joint venture of Henry Schein Inc. and Internet Brands, has announced that Mike Baird will assume the role of CEO, leading all aspects of Henry Schein One’s business. In his new role of CEO, Baird will lead…

CORPORATE FINANCIAL REPORTS 3-1-21

The following are recent financial reports as posted by selected Utah corporations: Extra Space Storage Extra Space Storage Inc., based in Salt Lake City, reported funds from operations attributable to common stockholders and unit holders of $204.7 million or $1.48 per share,…

The parable of the Porsche: Are you rich or wealthy?

By Richard Tyson I had just finished a coaching session with my new client, my old client’s son. Dad was retiring and had handed off the CEO position. It seemed like perfect timing, since the company had just closed the books on one of their best years ever. The father had been…

Mountain Mike’s Pizza signs 30-store franchise deal in Utah

Pelican Food Concepts LLC has signed a franchise agreement with Newport Beach, California-based Mountain Mike’s Pizza to bring 30 new locations to Utah over the next decade. The 40-year-old pizza company has one Utah location in South Jordan that Pelican recently purchased. The…

Innovate Utah: NEW IDEAS, PRODUCTS AND SERVICES FROM UTAH COMPANIES

Rock West Com posites , a West Jordan-based provider of composite products for a variety of industries, has added a Build Your Own Tube feature to its website. The tool allows Rock West’s customers to define specific attributes they need for their custom composite tubing,…

Utah County Update: Provo: Community Building Together

By Michelle Kaufusi There are more than 20,000 incorporated communities in America. While many are prospering, others are struggling. An important question we focus on in Provo is how do we build and maintain a vibrant community where people want to live, work, learn, play and…

Succeeding in your Business: You and your client: Avoid politics and religion altogether

By Cliff Ennico “I have a consulting business with over 50 clients, but I’m afraid that won’t last much longer unless I get some tough love from you. “In working with my clients, it’s inevitable that we will discuss things other than the project at hand. Although I try to avoid…

Industry Briefs 3-1-2021

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice@slenterprise.com. The submission deadline is one week before publication. BANKING • Hillcrest Bank , a division of NBH Bank, has promoted David Stahl to Utah market…

What should firms' policies be toward staff vaccinations?

By Brice Wallace As the COVID-19 vaccine rollout continues, employers are facing a slew of questions about how to handle issues associated with their workforces. Should companies require employees to have a vaccination? Should they incentivize workers to get a vaccination?…

Two-year-old Lehi company planning a huge expansion

A package-tracking company has laid out a path for expansion in its home state. Route App Inc., which launched in January 2019 with five employees, has announced it will add 3,353 high-paying jobs over the next 11 years at its Lehi headquarters. “We’ve had a very fortunate two…

Carvana to open car inspection & reconditioning center in Tooele

A company famous for its car vending machines has made an important selection. Carvana, based in Tempe, Arizona, will open a vehicle inspection and reconditioning center in Tooele this year. The announcement came after the company was approved for a $757,736 tax credit incentive…

Staff

Feb 21

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